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Infrastructure Bank to build N49bn Tower in Abuja

Lagos—The Chairman of the Infrastructure Bank Plc, Alhaji Lamis Dikko, said weekend that the bank has concluded arrangement to build a 27-storey multi-purpose ‘Infrastructure Tower’ estimated to cost $300 million (N49.5 billion) in Abuja.

Dikko told the News Agency of Nigeria, NAN, on the sideline of the bank’s 2013 Annual General Meeting, AGM, in Lagos, that the bank would invest $10 million (N1.65 billion) on the project.
Dikko said the ‘one-stop building’, to be situated in the bank’s headquarters, in the central business district of Abuja, would accommodate hotels, offices, shopping mulls, residential flats and parking bay.

He said that the project to be financed through the bank’s special purpose vehicle would be completed in two years.


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